Imposition of a Fine on Al Sorayai Trading and Industrial Group

​The Capital Market Authority announces the issuance of a CMA Board resolution to impose a fine of SR 10,000 (Ten Thousand Saudi Riyals) on Al Sorayai Trading and Industrial Group due to its violation of clause (B) of Article (40) of the Listing Rules. The company was late to inform the public about the invitation to hold the  extraordinary  general assembly’s meeting. It was later announced only less than two hours before the market opens on 12/03/2014.